Co-op of the Day: 62 Pierrepont Fixer-Upper
This place doesn’t photograph too well and is being marketed as needing a “complete renovation” but we think it’s got potential and could be a good buy considering its prime Brooklyn Heights location and gorgeous pre-war architecture. You could do a killer reno for not much more than $100,000, we’d guess, and then you’d have…
This place doesn’t photograph too well and is being marketed as needing a “complete renovation” but we think it’s got potential and could be a good buy considering its prime Brooklyn Heights location and gorgeous pre-war architecture. You could do a killer reno for not much more than $100,000, we’d guess, and then you’d have a two-bedroom co-op on friggin’ Pierrepont Street for $550,000 all in (and Leslie Marshall would have a few more nickels in her pocket). Anyone gotten a peek inside yet?
62 Pierrepont Street [Corcoran] GMAP
Yuck! No wonder why folks are running to fringe nabes like Bed-Stuy, Crown Heights and PLG to purchase huge beautiful townhouses for as little as $200 per sq. feet!!
The entire apartment stares a brick wall. Are you kidding me! This is a gem!
This is a terrible layout. What a weird entryhall.
is over $720 per sqft a good deal for a one bedroom in bh that needs substantial renovations? After you put $90,000. down you’re still going to pay $3,000 a month in maintenance and mortgage. This apartment makes renting seem like a good deal.
Tiny rooms. Its like the living room was chopped to create second bedroom. Sponsor unit is nice though (30% debt to income is what most nicer Heights co-ops want to see). Drop another hundred and not worry about reno to get a liveable 2 bed. Same broker has a cheaper fixer upper in 70 remsen (sweet building! but higher maint and 1 bed – almost same sq. ft. though.)
Looks like a firetrap, too. If the fire escape only goes to one “bedroom” in a seventh floor layout like that, and access to the front door (er, bowling alley) is blocked when you happen to be in the wrong place at the wrong time, you’re truly toast.
I stared at the floorplan for a few minutes trying to determine if the whole thing was some sort of Halloween gag and there was some hidden message within that exceptionally weird layout. You were kidding about that being a 2 BR right? I mean, If i were going to do any sort of reno there it would certainly involve bringing the place back to the 1 BR that it really is. Then teh question is, is a 1BR on Pierrepont worth 550K. I don’t know the answer to that, but I would still think the layout is weird…Also, I would get bowling pins for that entry hall…
the link above is wrong
B’Stoner-
Link is to 322 Clinton Ave apt…